Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#加密市场回调 The market dealt everyone a heavy blow today.



BlackRock has just completed a $62.23 million purchase of $BTC , and actions from this largest global asset management firm are never taken lightly. On the other hand, the minutes from the Federal Reserve's meeting released last night have caused quite a stir—officials are completely divided into three factions regarding a rate cut in December: the aggressive faction advocates for a 50 basis point cut, the conservative faction calls for no action, and the moderate faction suggests a 25 basis point cut.

The decision-making environment is even more absurd. The government has been in a shutdown for 44 days, and key economic data has come to a complete halt. Powell spoke frankly at the meeting: we are now driving in thick fog, with the dashboard completely dark.

The market reaction was very direct. The expectation of interest rate cuts plummeted from 50% to less than 30% in a cliff-like drop, catching many off guard. But you should pay attention to a detail - just when there was a tumultuous debate within the Federal Reserve, BlackRock quietly invested 400 million yuan to buy the dip in Bitcoin.

What does this mean? Traditional financial giants no longer care about short-term fluctuations; they are looking at longer cycles. $BTC is supported by real gold and silver, $ETH network upgrade is imminent, and the technical and financial aspects are resonating. Regulatory haze does exist, but the direction of institutional funds is already very clear.

My personal strategy is to follow the smart money: to gradually build a position in spot trading, focusing on $BTC and $ETH, and I won't touch leverage at all. The Fed's disagreements will create noise in the short term, but in the long run, the flow of funds is more convincing than mere rhetoric.

What do you think of this operation? Share your judgment in the comments section. Should we follow the institutions and buy at the bottom, or wait for a statement from the Federal Reserve before taking action?

(Market risk is present, investment requires caution)
BTC-0.73%
ETH-1.54%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
BearMarketHustlervip
· 6h ago
BlackRock's recent operations are indeed a signal, but I still think the Fed really is ridiculous. Wait, Powell said the dashboard is completely black? So why should we place our bets? Isn't this just gambling? There’s nothing wrong with following smart money, the problem is how do we know if they are really buying the dip or dumping in batches? This psychological game is giving me a headache. I still insist on being a spot trader; don’t even touch leverage. If we can survive this cycle, we’ve won. The government has been in a shutdown for 44 days and no one is managing it; it’s just ridiculous. It feels like the entire decision-making system is collapsing.
View OriginalReply0
OnchainDetectiveBingvip
· 6h ago
BlackRock is really not joking with us; as soon as this move came out, we knew how the pros were thinking. Powell's statement was incredible, the dashboard is completely black yet they are still driving, and we retail investors are even more lost, haha. There is indeed too much short-term noise, but I agree with following the smart money's logic. Just want to know if this will turn out to be another fake buy the dip. With BlackRock entering the market, I feel much more at ease; it indicates that this bottom is not just a psychological bottom. Wait, it seems like no one is paying attention to the fact that the government shutdown lasted 44 days and all economic data was halted; that's the most surreal part. There's nothing wrong with building a position in batches; leverage is truly poison. The current question is whether interest rate cuts will actually happen; the Fed's three factions' farce has not ended yet. For institutions, BlackRock's 400 million yuan is probably just a drop in the bucket, but the signal significance is substantial. The market is currently at a pace where even the Fed could just fart and it would drop by five percent; it's absurd.
View OriginalReply0
SmartMoneyWalletvip
· 6h ago
BlackRock's move of getting on board with 62.23 million is too strange; the Fed just had a split and he starts throwing money? The on-chain data I observed shows that the Large Investors' chip distribution hasn't changed, which doesn't look like a true buy the dip, but rather seems to be laying the groundwork for the subsequent rise in sentiment. Retail investors shouldn't be fooled by the "smart money" rhetoric; the true intentions of institutions should be gauged by the flow of funds, not just the news.
View OriginalReply0
ForkThisDAOvip
· 7h ago
BlackRock's recent move is indeed aggressive, and the key is that the Fed is still in internal conflict. Throwing money in to buy the dip at this time shows they are not panicking at all. I have to admit, following smart money is a good strategy, avoid touching leverage at all costs, as there are too many uncertainties right now. Wait, is it true that the government has been shut down for 44 days? That's just absurd. Anyway, I've been entering a position in batches, and since there is a lot of short-term noise, let's not pay attention to it. I have a positive outlook on the fundamentals of Bitcoin in the long term.
View OriginalReply0
DaoDevelopervip
· 7h ago
blackbox trading when the dashboard's broken, lol. powell basically admitting they're flying blind is peak comedy honestly. but yeah, the composition here is interesting - institutional accumulation against fed fragmentation creates this weird asymmetry. blackrock isn't frontrunning noise, they're positioning for structural shifts. the governance primitives matter more than the rate vote tbh.
Reply0
HashBrowniesvip
· 7h ago
BlackRock's recent moves are quite impressive; large institutions don't just blindly throw money around. --- The infighting within the Fed acts as a buy signal; after all, retail investors wouldn't understand what they're arguing about. --- Hoarding spot coins isn't wrong, but I'm afraid my reaction time can't keep up with the institutions. --- Still buying despite being in the fog? Powell's comments are truly something, haha. --- It's easy to say to follow smart money; the key is to recognize who the real smart money is. --- Even with a 44-day government shutdown, cryptocurrency trading can still continue; this market is really outrageous. --- Interest rate cut expectations dropped from 50% to 30%, why did all my stop loss orders get triggered? --- Those without leverage should be thankful to be alive right now; everything else is just fine.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)